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- To fill out Form 8824, you need to follow these steps12:
- Find IRS Form 8824 on the IRS website (http://www.irs.gov). Make sure you use the current tax year's form.
- Begin to fill out the form while you're still on the IRS website.
- Use actual terms of the exchange tied to any paperwork you have from it.
- Know that this is extremely important when the trade entails stocks exchanged for anything else.
- On Line 1, describe the property you gave up and the like-kind property you received.
- On Line 2, enter the date the property was transferred and the date you acquired the replacement property.
- On Line 3, if this exchange involved a related party, provide their name, relationship, and address.
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Filling Out Form 8824: A Step-by-Step Process
- Line 1: Describe the property you gave up and the like-kind property you received.
- Line 2: Enter the date the property was transferred and the date you acquired the replacement property.
www.roberthalltaxes.com/blog/news/mastering-for…Filling Out Form 8824
- 1 Find IRS Form 8824 on the IRS website (http://www.irs.gov). Make sure you use the current tax year's form. ...
- 2 Begin to fill out the form while you're still on the IRS website. ...
www.wikihow.life/Fill-Out-Form-8824 - People also ask
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